Business news

McDonald's targeting buyout firms as it seeks to sell North Asia stores

It is adopting a new business model in Asia, by planning to bring in partners to own the restaurants within a franchise operation.

Apr 14, 2016

Verizon bets on Armstrong, M&A savvy in Yahoo bid

That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL.

Apr 14, 2016

Oil falls as dark clouds appear ahead of producer meeting

Goldman Sachs said that productivity gains by U.S. shale producers were keeping alive its "deflationary outlook" for oil prices.

Apr 14, 2016

Investment advice: Here are five simple ways to beat the FTSE 100

5 simple ways that you can invest in a single cheap fund and easily beat the FTSE, based on performance since the start of 2015.

Apr 13, 2016

ONGC to get some drilling assets from Reliance Industries, BG Group

Reliance Industries, BG Group and ONGC signed an agreement on this Tuesday night in New Delhi, the Economic Times reports.

Apr 13, 2016

Mark Zuckerberg touts Messenger chatbots and opens up Facebook Live

Facebook said on 12 April it will allow developers to build chatbots inside its Messenger app to enable users to communicate with businesses directly in its latest effort to dominate enterprise transactions and customer service. The chatbots expedite Facebooks moves to build out Messenger as the go-to place for users to contact businesses rather than through third-party websites.

Apr 13, 2016

ED wants Vijay Mallya's passport annulled

Vijay Mallya did not turn up even after being summoned by the ED three times in the recent past.

Apr 13, 2016

JSW Cement, Blackstone, others bidding for LafargeHolcim's India assets

Lafarge is looking to divest its interest in India assets having capacity worth 11 million tonne per annum.

Apr 13, 2016

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce

The Chinese e-commerce giant seeks fertile new turf while growth slows in China.

Apr 13, 2016

Asian shares extend rally on China trade relief

Shanghai stocks gained 1.9 percent while Japan's Nikkei rose 2.4 percent to its highest in eight sessions.

Apr 13, 2016

TTK Prestige spurts on acquisition of British firm Horwood Homewares

The company said the acquisition of table and cookware supplier Horwood Homewares will give it access to high-value European markets.

Apr 12, 2016

Rakuten eyes India's e-commerce market: Report

The Japenese internet services giant has opened a business office in Bengaluru and has reportedly approached execs from Amazon and Flipkart.

Apr 12, 2016

L&T Infotech takes back IPO draft prospectus

Parent company L&T cited "change in the offer structure and other considerations" as the reason behind the withdrawal.

Apr 12, 2016

RBS to close down India banking operations: Report

Regulatory issues and RBS' own plans to sell or shut two-thirds of its operations globally will see its India business closed.

Apr 12, 2016

Sony Pictures in talks to buy 9X: Report

9X Media, which operates a clutch of music channels, will be sold to Sony pictures for a reported sum of Rs. 220 crore.

Apr 12, 2016

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Business news

McDonald's targeting buyout firms as it seeks to sell North Asia stores

Verizon bets on Armstrong, M&A savvy in Yahoo bid

Oil falls as dark clouds appear ahead of producer meeting

Investment advice: Here are five simple ways to beat the FTSE 100

ONGC to get some drilling assets from Reliance Industries, BG Group

Mark Zuckerberg touts Messenger chatbots and opens up Facebook Live

ED wants Vijay Mallya's passport annulled

JSW Cement, Blackstone, others bidding for LafargeHolcim's India assets

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce

Asian shares extend rally on China trade relief

TTK Prestige spurts on acquisition of British firm Horwood Homewares

Rakuten eyes India's e-commerce market: Report

L&T Infotech takes back IPO draft prospectus

RBS to close down India banking operations: Report

Sony Pictures in talks to buy 9X: Report

Congress gives clean chit to Gehlot; serves show cause notice to his close aides [details]

Deepika Padukone's health: Actress hospitalised after complaints of uneasiness; feeling better now

Sweden's defence major Saab to manufacture Carl-Gustaf M4 in India; what it means for Army [details]